Energy

Oil falls after Trump declares 'energy ceasefire' between Russia and Ukraine - CNBC

Source: CNBC

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DW NOTE

Trump declares a ceasefire in a war neither side has agreed to end — Russia launched 160 drones at Ukraine last night. Oil fell anyway. Markets now price geopolitics as theatre rather than constraint, even as the Strait of Hormuz sits closed for the seventh day and Brent holds above $100. When sentiment diverges this far from supply reality, someone is catastrophically wrong.

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